5106 Lucas LN, Austin TX 78731

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $2,024,764. I'd recommend coming to market at $1,066,000 to $1,076,000 to strike the right balance between value and market velocity. Against 7 similar active listings in BEVERLY HILLS, this price point lands at the most expensive of 7 comparable homes on the market. The smaller floor plan (190 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.77 acre lot (larger than the 0.35 acre average) is reflected in the estimate. The active market in BEVERLY HILLS includes 7 comparable homes priced from $949,900 to $2,195,000. The trend in 78731 shows prices have risen 5.6% in the past 6 months. 2401 Manana ST, Austin TX 78730 nearby adjusts to $5,175,932; a strong comparable. Based on 7 relevant data points in BEVERLY HILLS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX